2. How it all Started Spencer’s Retail Limited is a multi-format food-first retailer providing a wide range of quality products to discerning young customers - well-travelled citizens of the world, looking out for authentic flavors and experiences in a fun-filled shopping environment. Part of the Rs 15,500 crore RPG Group, we run about 200 stores (including about 30 large format stores) across 35 cities in India, employing more than 7,000 people(till April 2009).
3. Spencer Presence in India Spencer Opened its First Store in India at Mumbai in 1996. Spencer's Retail is the fastest-growing retail companies with approximately 2 million square feet of retail space and more than 400 stores in 65 cities. Spencer’s Retail deals with food, apparel, fashion, electronics, lifestyle products, music and books. It also offers services such as gift vouchers and easy loans in association with CitiFinancial Consumer Finance India Ltd.
4. Spencer's offers its customers a customized and convenient shopping experience in 5 different formats. 1. Spencer's Express 2. Spencer's Fresh 3. Spencer's Daily 4. Spencer's Super 5. Spencer's Hyper
13. Target group The Target of Spencer is high income group. Types of Customer: Spencer is a major player in the Indian organized retail industry. They have huge music, cards or cookery departments
14. In store branding In store branding means in spencer’s they use to brand the products by displaying them on the things which was naturally used by customers to catch their eye.
15. Interiors Interior designing at Spencer’s exhibits the products in our stores by sign for easy identification to customer
16. Exteriors For every product packing is important, like that for every stores outward decoration is important. Exterior decoration is the first thing which attracts the customers primarily
17. Sanitation Every customer sees for the neat ness in stores. They see mainly for eatables that they want tobuy. Spencer offer great Quality Product to customers
18. Positioning of Spencers Store location The location of a retail store occupies an important place in retail strategy. It not only conveys the image of the store, but also influences the Product mix and the interior layout of the store. While the Product mix can be changed and prices can be adjusted, it is difficult to change the decision on store location.
19. Traffic The traffic – pedestrian as well as vehicular – that passes the site is an important determinant of the potential sales that can be generated from a store. A Spencers store is known to have good parking space wherever it’s located. Accessibility of the market Accessibility of a market is defined in terms of the availability of public transport and road/local trains connections to the markets. It is mostly located in posh locality in the center of the city. Further the easy availability of transport facilitates makes the location really accessible for shopping.
20. Customer Loyalty program and Promotions HSBC- Spencer’s Happy Ties cardholders are entitled to the following benefits: Reward points for every purchase made using the card – carrying a potential of upto 500 points per month on regular purchases. Extra Reward points for every purchase made with the card at a Spencer’s store Fuel surcharge waiver* at all fuel stations A complimentary Spencer’s welcome voucher worth Rs 100 Redemption of reward points for gift vouchers from Spencer’s
22. Software used for billing systems Spencer's Retail based its production environment on Sun SPARC Enterprise servers that run SAP ERP software. The infrastructure includes Sun storage solutions and a remote disaster recovery site with Sun SPARC Enterprise and Sun Fire servers. When implementation is complete, more than 350 stores will connect to the new system.
